Popular community member Heber Mayen suggests that Shiba Inu is poised for an explosive breakout.
In a tweet yesterday, Mayen shared Shiba Inu’s one-month price chart, showing the asset up 3.65% over the past 30 days to $0.00001345.
The chart shows Shiba Inu consolidating within a long-term descending triangle pattern, with successive lower highs forming since its peak at $0.00008845. Per the chart, Shiba Inu has reached the extreme low point of the triangle, signaling that a decisive breakout is imminent.
Although optimistic about an upward breakout, Mayen did not specify a target price for the token. Moreover, he provided no timeline for when Shiba Inu could make the bullish breakout.
In the meantime, Shiba Inu is currently changing hands at $0.00001323 per token, down 1.33% over the past 24 hours. Over the past week, Shiba Inu has plunged by 1.03%. Meanwhile, it maintains a positive monthly performance with an 8% gain.
Is Shiba Inu ATH Incoming?
Heber is not alone in predicting a major rally for Shiba Inu; other analysts share a similar bullish outlook. Popular community analyst Shib Spain speculated that SHIB is preparing to bounce off its critical support zone, potentially setting the stage for a major rally toward a new all-time high.
The accompanying chart shows that Shiba Inu has been consolidating within the $0.00001270 – $0.00001347 support zone in recent weeks. Notably, he anticipates a rebound from this support zone that could ignite a sustained uptrend.
With sustained momentum, he projects SHIB could set a new all-time high, potentially surpassing the October 2021 peak of $0.00008845. Surpassing the previous ATH demands a 568% surge from the current level of $0.00001323. This move will ultimately push the token’s price to $0.0000885.
$SHIB is about to bounce hard off this support zone.
New ATH incoming 🚀 pic.twitter.com/g88D03tiJV
— Shib Spain (@ShibSpain) September 18, 2025
